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Search Results 0 to 5 of about 6 (some duplicates have been removed)
was not a cliff. the term fiscal cliff was coined by ben bernanke. ben bernanke did not want us or did not want the country to get into the situation of higher taxes -- in large part, i think that would have made his job even harder because the higher taxes would have flowed -- slowed down the economy and there would have been even more pressure on the fed to engage in monetary easing, quantitative easing as it is called. the fed really cannot do all of that much more than it is doing. interest rates are at historic lows. bernanke did not want tax increases, so he was trying to control or affect what was going to be happening on the fiscal side. it was really more of a ramped than a cliff in the sense that the sequester cuts -- we will talk format that i'm sure -- but the automatic cuts that were put in place with the debt ceiling deal of the summer actually would come into play well into the year and some near the end of the year. there was or there is quite a bit of time on that. the tax rate increases, i think very few people actually felt there would be a major income tax increases on 98% o
, ben chavis. byvideo screen, we're joined james ferguson, the defense for the wilmington 10. in north carolina, joined by cash michaels, the court and for the wilmington 10 pardons of innocence project and a reporter for the wilmington journal where his been covering the case. then chavis, you served how many years in prison for your conviction and the wilmington 10 case? >> it was about five years. >> what would a part in mean? what's a pardon of innocence would mean the state of north carolina finally realizes the unjust arrest, charges, were all racially and politically motivated. it is time to 40 years later for the state to move this pain from that members of the community and from the state itself. it has been an albatross around this state's net for over 40 years. i think in the spirit of moving forward -- the federal courts to overturn the conviction in 1980. there is no question about our convictions. it has already been overturn. the state should remove the legacy of injustice, the legacy of inequality. we were trying to get the schools desegregated. the wilmington 10 was a
Search Results 0 to 5 of about 6 (some duplicates have been removed)